Ping W.
Tenant moved out before lease term
The current lease of the tenant expires the end of October but they moved out at the beginning of October. They did pay October rent in full. We are looking for new tenant now. If I find a tenant before the end of Oct...
Andrew M.
Ramblings of a Real Estate Amateur
In an effort to publicly state goals, gain insight from other (and more experienced) investors, and write down lessons learned, this is a run on stream of thoughts about all that investing involves.My goal for 2017 wa...
Ryan Billingsley
Assuming a sellers mortgage?
We came in to contact with a lead through our DM campaign that has three properties he wants to move. He only wants to get what he owes on the properties. They are all three rented as investment properties.Property ...
Britt Griscom
15 Overpriced Condos, but Only 10% Down
We own 16 condos in a complex in Santa Fe, NM. We have the opportunity to buy 15 more using seller financing at 10% down with the rest amortized over 30 years at around 6%. We are negotiating each of these terms.The 1...
Wendy Schultz
422% ROI Success Story
Three years ago, I was seeking a place to open a retail store. The location I chose was popular but was going through some hard times. The 700 sq ft store was listed for $10,000 and I signed a lease option with a $9,0...
Joshua Clark
Goodyear/Buckeye, Arizona Insight
I have read that these areas, especially Goodyear, are experiencing some pretty substantial growth. I've been watching the market (MLS) in these cities for a couple of months now and see that homes move pretty quick....
Blake Garcia
Tenant leaves early, unit trashed
I have a tenant with a 12 month lease. He has paid for current month and calls to says he's leaving 8 dats into his month. I told him to send a 30 day notice. He sent an email with 1 day notice. He broke the lease by ...
David Sweeney
Trying to buy a foreclosure but title and survey do not match, NY
A recent survey performed in the process of buying this foreclosed property does not match with that is on the title. From the street, the forclosed house is on the left part of the property with a large yard on the r...
Jaime Ordonez
Door No. 5 a Buy and Hold in Fort Worth, Texas
Investment Info:
Single-family residence buy & hold investment in Fort Worth.
Purchase price: $65,000
Cash invested: $53,554
2 BED/1 BATH/ PIER AND BEAM
House Size (sq. ft) 988
Lot Size (sq. ft) ...
Michael Wang
Are old houses good choices for buy and hold rentals?
So I am getting a few leads for buy and hold rentals, but noticed that they are pretty old houses like prewar wood frame houses and some even more than 150 years old. My question to the great BP folks is: can these ho...